HomeDefinitionsCompareDebt BoxThe financial definition for Box:The actual physical location at a brokerage house or bank where securities or other documents are stored for safekeeping. Alternatively, a quotation machine or battery march. Similar MatchesAgainst the boxAgainst the boxSee: Selling short against the box. Box spreadBox spreadA type of option arbitrage in which both a bull spread and a bear spread are established for a near-riskless position. One spread is established using put options and the other is established using calls. The spread may both be debit spreads (call bull spread vs. put bear spread) or both credit spreads (call bear spread vs. put bull spread). Break-Even Point--the stock price (or prices) at which a particular strategy neither makes nor loses money. It generally pertains to the result at the expiration date of the options involved in the strategy. A "dynamic" break-even point is one that changes as time passes. In the boxIn the boxMeans that a dealer has a wire receipt for securities, indicating that effective delivery on them has been made. Further SuggestionsSelling short against the boxShort against the box Click to compare definitions of Box Click to view definitions beginning bo |